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20110701
20110731
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of doing something big to change america's unsustainable economic path. what do you think? do that you think that opportunity is lost? >> well, a week is a long time in politics. it can be a lifetime, as you know. i think the big deal, the grand deal, the grand bargain of $4 trillion over four years is dead, it's gone. i think the chances of getting a deal at 2.5 are 2. the middle double deal, very unlikely, because the president does not want to go that high without tax increases and republicans are not going to do it. here's the question that is coming out. and that s. the house republicans are now pushing a very, very tough deal through the house. the -- over on the senate side, the republicans are working to get a version of the mcconnell plan. and the president will accept that as he said in his news conference on friday. but whether the house republicans would accept that or not, it's a big, big question. it seems to me that's the lead horse. that's the lead solution, a version of the mcconnell plan, with throwing in the spending which i think would be a good idea which leaves $1
. this is a big band-aid on a much more serious problem. >> this isn't about jobs today. this is about where we're going to be in 10 or 15 years, are we going to run off a cliff? are we going to sort of have a gradual adjustment or wait till the last second and have markets force us? they're not forcing us to do this. our interest rates are low. that's not the problem. but we see it coming eventually. so this is not going to help, although it will encourage wall street. it will encourage credit a bit because it will provide a bit of calm finally in the markets over this. >> do you think that any of that -- any of the plans you see right now, when you look at them, do you say any of this will create jobs? the warning i'm hearing about so many of them is in the short-term, this is possibly going to slow things down even more? >> yeah, i'd say they're not creating jobs now. but they're taking some very hard problems and, by gosh f they actually do some of the tax reform, it's going to make a big difference over the longer term. it really is going to be a help for the economy. >> jeanne, if they re
Search Results 0 to 5 of about 6 (some duplicates have been removed)

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